Taiwan shares stage rebound as large cap stocks gain

Focus Taiwan
Date: 2018/08/14
By: Frances Huang

Taipei, Aug. 14 (CNA) Shares in Taiwan staged a technical rebound Tuesday, pushing the local main board above the 10,800 point mark by the end of trading, as large cap stocks mainly bounced back after the slump seen the previous session, dealers said.

Although share prices recovered, turnover remained moderate with market sentiment reflecting concerns that the weakness of the Turkish lira, could pave the way for more turbulence on the global market, they said.

The weighted index on the Taiwan Stock Exchange (TWSE) or the Taiex ended up 75.31 points, or 0.70 percent, at 10,824.23, after moving between 10,755.53 and 10,829.85, on turnover of NT$135.60 billion (US$4.40 billion).    [FULL  STORY]

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